Restaurant for sale

73 Front Street, Houghton Le Spring, County Durham, DH4

Guide Price £400,000

Property Description

Commercial information

  • Business for sale

Key features

  • Very busy traditional Indian restaurant
  • Weekly turnover approximately 4,000
  • Old public house corner plot three story property
  • Viewing highly recommended

Full description

DESCRIPTION
This excellent traditional Indian restaurant operates from an old public house on a corner junction, covering three floors which is presented to a good standard with a good range of fixtures, fittings and a number of well maintained freezers to go with the sale. The business also comes with a fully fitted catering kitchen. The business has fantastic scope to expand further with the addition of more hours and greater advertising.

Naz Haven is a thriving and lucrative business, which is run by the owners and up to 10 full time and 6 part time members of staff, offering the very finest traditional Indian meals and entertainment all to the local community. This business operates 7 days of the week.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or individual, that have the opportunity to extend and add to what is already a superb business.

Any marketing enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum therefore maximising overall profitability.

WEEKLY SALES
Currently shop sales average approximately 4,000.

TRADING HOURS
Sunday - Thursday 5.30pm - 11.00pm
Friday - Saturday 5.30pm - 11.45pm

PROPERTY
Highly visible detached corner premises situated within an old converted public house, occupying a prominent main road position. This is a three storey property, with the top floor including a 3 bedroom owners accommodation, however this is currently being used for storage. There is parking to the rear of the business.

TRADING AREAS
The main serving and till areas are located to the left upon entrance to the restaurant, where the stairs for the upper level can also be located. The restaurant has up to 80 covers on this first floor, in a two room open plan space, with an additional 40 covers upstairs where you can also find the fantastic function room. The fully fitted catering kitchen can be found to the rear of the ground floor.

RESIDENTIAL ACCOMMODATION
This has an in house 3 bedroom flat with bathroom, kitchen and living room on the top floor, currently used for staff breaks and storage.

TENURE
This is a freehold business.

SUMMARY
A fantastic opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. Viewing is highly recommended.

More information from this agent

Nearest stations

  • Chester-le-Street (3.4 mi)
  • South Hylton (4.8 mi)
  • Durham (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Chester-le-Street (3.4 mi)
  • South Hylton (4.8 mi)
  • Durham (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44346. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.